NAICS Code 238910-40 - Machinery-Renting

Marketing Level - NAICS 8-Digit

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NAICS CODE 238910-40
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NAICS Code 238910-40 Description (8-Digit)

Machinery-Renting is a subdivision of the Site Preparation Contractors industry that involves the rental of heavy machinery and equipment to businesses and individuals for construction, excavation, and other related activities. This industry provides a cost-effective solution for those who require specialized equipment for a short period of time, without the need for long-term ownership or maintenance.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 238910 page

Tools

Tools commonly used in the Machinery-Renting industry for day-to-day tasks and operations.

  • Excavators
  • Bulldozers
  • Skid Steer Loaders
  • Backhoes
  • Forklifts
  • Cranes
  • Dump Trucks
  • Concrete Mixers
  • Trenchers
  • Compactors
  • Aerial Lifts
  • Generators
  • Air Compressors
  • Welding Equipment
  • Scaffolding
  • Jackhammers
  • Power Tools
  • Pumps
  • Light Towers
  • Road Sweepers

Industry Examples of Machinery-Renting

Common products and services typical of NAICS Code 238910-40, illustrating the main business activities and contributions to the market.

  • Construction Equipment Rental
  • Heavy Machinery Rental
  • Excavation Equipment Rental
  • Landscaping Equipment Rental
  • Demolition Equipment Rental
  • Mining Equipment Rental
  • Agricultural Equipment Rental
  • Forestry Equipment Rental
  • Material Handling Equipment Rental
  • Crane Rental

History

A concise historical narrative of NAICS Code 238910-40 covering global milestones and recent developments within the United States.

  • The machinery-renting industry has a long history dating back to the early 20th century when the first rental companies were established in the United States. The industry grew rapidly during World War II when the government needed equipment for the war effort. After the war, the industry continued to grow as construction and infrastructure projects increased. In recent years, the industry has seen significant advancements in technology, such as the use of telematics to track equipment usage and maintenance needs. Additionally, the industry has become more specialized, with rental companies focusing on specific types of equipment, such as aerial lifts or earthmoving equipment. In the United States, the machinery-renting industry has experienced steady growth over the past decade. The industry has benefited from an increase in construction activity, particularly in the residential and commercial sectors. Additionally, the industry has seen increased demand for equipment rentals from the energy sector, particularly for oil and gas exploration and production. The industry has also seen advancements in technology, such as the use of GPS tracking and remote monitoring to improve equipment utilization and reduce downtime. Overall, the machinery-renting industry has a bright future in the United States, with continued growth expected in the coming years.